Industry’s importance

The Industry’s importance in Brazil and the Manufacturing’s importance in Brazil present the role of Brazilian industry in the country’s economy. The importance of the sector is measured in production, formal employment and wages, exports, innovation expenditures and collected taxes.

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Industry’s importance for Brazil

In 2021, Industry accounted for 22.2% of GDP and 71.8% of Brazilian goods and services exports. The most recent data available indicates also that the industrial sector has a 68.6% share of business R&D spending and a 32.9% share of the federal taxes (except the social security taxes).

May/2022

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